Banking 101: How I Know the US Dollar Will Become Worthless



Throughout history there have been 775+ fiat currencies backed by nothing. Not ONE has survived the test of time, with the average lifespan being 27 years after huge price devaluation of said currencies. The only currencies that have held their value over 100s of years have been hard currencies backed by gold.

Comments

  1. When the monetary system fails, it will not be the end of the world.
  2. The U.S. dollar will not collapse until the bankers have more then 90% of the world's gold reserves.
  3. usa has been using military force to keep the dollar from collapsing attacking oil rich countries look at Iraq,Libya next it's siria, yemen and Iran and any country that oppose to sell in petro dollar
  4. Let me start off saying I agree with you. But a few problems with what you are saying. The dollar has not been a fiat currency the whole time the Fed has been around. The over printing  of the gold backed Federal reserve notes caused the the US to drop the gold standard (for foreigners) in I think 1970. So the dollar has only been a pure fiat currency for 44 years or so. And these currencies losing value are exactly what they are suppose to be doing because that is a wealth transfer. Transfer from the people to the 1%ers. Or from producers to the leeches. Be careful putting a time frame on anything. I truly believed the dollar would collapse in 10-11 and it never happened. I still think it will and everyone should prepare, but to put a time frame on it damages your own credibility. Other than that, thanks for the video, i'm subscribing to your channel
  5. You seem to know what you are talking about but how does anyone know if the "facts" you are using have actually been done and studied or if it is an opinion. I have watched several of your videos and many have faults here and there but we are all human and no one has all the information 100% of the time. Basically I would really like to see you have some citations or references to where you get your facts from so that views can cross reference them.
  6. Aussie is indicating a massive USD crash.

    Same with the metals forming a bottom.
  7. Yes eventually things will turn into Zimbabwe or there will be a debt jubilee.

    Zimbabwe is more likely because debt jubilee creates massive losses for the elites.
  8. Why does it have to die (well eventually yes, but it could take more than 10 years)

    Why can't it just lose another 90% value in say, 10 years? Bread at $20 a loaf but we will still use USD. Just internally as a nation. Globally nobody else will use USD.
  9. becuz of quantitve easing and the federal deficit is why the dolla gon collaps. that and the federal reserve printing welfare nigga money to feed the niggas is the main reason. yeah i am high right now.
  10. I don' t believe it anymore. Nothing is a fact. Currency collapse may not happen in my life time and that's all that matters if one lives in the NOW.  The US dollar is actually strengthening.  Gold will most likely get lower ($1285 USD today).  Of course one can rest on your laurels and state that since 2008 you've done great, but what about since 2011 from $1900US to now.  Clearly...Clearly... the place to be is in the financials. 
  11. the goverments must be wondering how to collapse a currency without ruining their power structure
  12. mr. kim ! u are correct !!
  13. Tell me something Mr. Kim. If money was gold and silver again, wouldn't it be scarce? Wouldn't we have an economic crisis that is much worse than what it is today? In England about 400 years ago, they used tally sticks as money with precious metals. For thousands of years, crops were used as money as well. A gold backed currency isn't perfect, there are many problems with it. Money should be available to the public, and there should be enough of it.
  14. It is not the job of the conscious to wake the unconscious.
  15. A quick ?. Why wouln't companies other then banking ie ko,wmt,tgt,pep,etc etc who rely on the consumer do something about this fraud. They all stand to lose everything. If your premise is correct(which i believe, i just think they can keep playing these games for a long time) shouldn't they try to put a stop to this? Thanks for your insight
  16. When these 775 fiat currencies have collapsed there has been an alternative for capital to flee to. Presently there is NOTHING that could handle global capital, as an alternative to the dollar. Capital has no where to flee to!
  17. Their attention will be gotten. When gas is $8.00 a gallon and gold is $3500 an ounce people will then marginally understand. Of course then it will just be trivia because they won't be able to do anything about it..... And then some will NEVER know what happened. So many millions will go to their graves completely ignorant and bitchin' all the way about how life isn't fair.
  18. Thank you for sharing your knowledge
  19. I believe the Euro will be the new world currency over the next 7 years. Collectively the Euro zone has the most gold holding. China will not accumulate in time.
  20. Your vids are great! If I may add: Stability = lack of volatility. Flat, steady decline or steady incline can be construed as stability. The central banks did not lie in their mission statement. Devil is in the details. I'm not pro bank... but they are not utterly stupid. Keep stacking...


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Duration: 8m 40s

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